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Depreciation on medical equipment

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 March 2013 I am working with pharma company which involved in research & development various deasies. So I want whatever we purchased lab equipment it treated as medical equipement or not? if not so whay?
give rate of depreciation.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 August 2013 lab equipment also can be treated as medical equipment only
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